🚨 $SPK Strategy: Sniping the Buyback Momentum
The "Sniper" squad saw the floor holding. While others panicked during the KelpDAO exploit contagion, we watched the buybacks remove 26.6M tokens from circulation. Now, the momentum is shifting hard to the upside.
Entry Zone: 0.0315 – 0.0330
TP1: 0.0350 (✅ Next Resistance)
TP2: 0.0385
TP3: 0.0410
Stop Loss: 0.0285 (Below the local swing low)
Trade Logic:
$SPK has just printed a bullish engulfing candle on the 4H, reclaiming the previous supply zone. The RSI is building momentum from the neutral zone, suggesting we aren't overextended yet. With the "Justin Sun Confidence" and the buyback floor established, we are targeting the 0.041 multi-month high as the primary expansion target.
#SPK #SparkProtocol #TalhaSniper #DeFi #SmartMoneyPlaybook

SPKUSDT
Perp.
0.03529
+1.75%